P2P Electric Vehicle Charging Market Size To Reach $351.7 Million by 2027
The global peer-to-peer electric vehicle charging market size is expected to reach USD 351.7 million by 2027, registering a CAGR of 21.8% from 2020 to 2027 according to a report. To eliminate the range anxiety issues of electric vehicles, various…
EIB Backs USD 219.1 Million Scheme To Support EV Stations In Italy
The European Investment Bank (EIB) has approved financing for a new 487-MW wind project in Spain and a EUR-200-million (USD 219.1m) scheme to support the installation of charging stations for electric vehicles (EVs) in Italy. The beneficiaries were not named…
Mercedes-Benz Introduces EV Insurance Coverage To Include Charging Stations
Mercedes-Benz announced that its comprehensive insurance will include coverage of home-charging equipment, cables, and batteries. The policy includes risk coverage up to € 10,000 ($10,900) related to theft, vandalism, “overvoltage damage,” short circuits, and even bites from animals and rodents….
Ideanomics’ MEG Secures Its First Order for Qingdao EV Hub
Ideanomics’ Mobile Energy Global (MEG) division has today announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secured its first EV order from a Hangzhou-based customer for 130 EV units from SAIC’s Roewe brand. The order value is approximately RMB…
Hero Electric Launches Unique Three-Day Return Scheme
As more and more showrooms and dealerships reopen in India, most automakers are using lucrative discounts and benefits to encourage customers to start buying vehicles again. And the latest company to jump on this bandwagon is Hero Electric, the country’s…
Kia Motors Europe Outlines Plans For EV Sales Growth
At the start of the year, Kia Motors announced ‘Plan S’, a new mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and mobility services, as well as connectivity and autonomy….
China To Enforce Electric Vehicle Safety By 2021
Thermal runaway in electric vehicles (EVs) is a major concern for potential consumers, manufacturers and regulators, as thermal runaway of lithium ion batteries is the main cause of fires in EVs. Several high-profile vehicle fires, stationary energy storage fires in South…
Global Lithium-Ion Battery Market 2017-2025
Global Lithium-Ion Battery Market is estimated to reach $66 billion by 2025; growing at a CAGR of 11.3% from 2017 to 2025. Lithium-Ion batteries play a vital role in the global consumer electronics and automotive market. It has gained prominence…
DHL And REEF Technology Launch Pilot To Use E-Cargo Bikes For Deliveries In Miami
DHL Express, the world’s leading provider of international express shipping services, is partnering with REEF Technology, the largest operator of parking, mobility, and logistics hubs in North America, to pilot the use of four new low-power electric-assist e-Cargo Cycles for deliveries across Miami….
BorgWarner Opens State-Of-The-Art Technical Center In Noblesville
BorgWarner has opened a new 100,000-square-foot technical center in Noblesville, IN. Combining operations from existing facilities in Anderson and Pendleton, IN, the new technical center features a state-of-the-art lab which increases the company’s research and development capacity. “We are thrilled…
